Nvidia Stock Dips to 7-Month Low, but Retail Investors Buy the Dip
Nvidia shares hit a seven-month low after CEO Jensen Huang's resignation, yet retail investors bought a record $111 million in stock during Thursday's opening half-hour, signaling a potential buying opportunity amid the turmoil. Huang resigned November 12 amid reports of alleged relationships with a Chinese spy and two employees, with CFO Colette Kress named interim CEO. Shares plunged 14% before recovering, falling over 30% from October's peak and erasing $1 trillion in market value. Nvidia's fundamentals remain strong, with Q2 fiscal 2027 revenue of $96.2 billion, double year-over-year, and a $108 billion forecast. Analysts advise long-term investors to monitor leadership transition effects, while cautioning that the stock may stay volatile until clarity emerges.